Daveatt

Best Supertrend CCI Strategy

Hello traders

Someone requested the strategy version of the Supertrend CCI indicator

It's a Supertrend not based on candle close but based on a CCI ( Commodity Channel Index )

How does it work?

Bull event: CCI crossing over the 0 line
Bear event: CCI crossing below the 0 line

When the event is triggered, the script will plot the Supertrend as follow

UP Trend = High + ATR * Factor
DOWN Trend = Low - ATR * Factor

This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level.

Hope you'll enjoy it and it will improve your trading making you a better trader

Dave
發布通知: Added the alerts
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評論

What it means close entry(s) order Long if I take short position
+13 回覆
jciit1985 jciit1985
@jciit1985, means last Long order exit???
+4 回覆
Daveatt jciit1985
@jciit1985, correct
means the opened short is closed, and a trade in the opposite direction is opened
that's how the Tradingview strategy engine signals those events.
+2 回覆
Nice one mate. using threshold may protect from whipsaws (23 october) and may increase the performance. for example CCI level +-30 as threshold. I think worth to try.
+4 回覆
Hello daveatt I’m a big fan. I have a request I believe you can make possible.
Can you please make a mtf linear regression line?
I’ll appreciate 🙏
+3 回覆
It would be nice if there was an alarm system :)
+2 回覆
Daveatt yuceltoluyag
@yuceltoluyag, Done :)
I've just added them
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